The price of BDO remains stable at a high level, and the supply and demand sides of the market are at a stalemate. What about the market outlook?

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Chem366--

BDOPrice is high and stable

BDOThe price of BDO has risen all the way some time ago to a rational correction and then to the current high level to maintain stability. NowBDOEast China market prices are stable at 29000-31000 Yuan/ Tons, bulk water acceptance and delivery, the focus of market negotiations is to focus on stability.

BDOAt present, the domestic market is in short supply,BDO Many manufacturers basically do not export, andBDOThe quotation is high, and the acceptance of it by foreign customers is low. At present, there is no inventory pressure in factories all over the country. Manufacturers’ quotations remain high and support the market. The downstream has a conflicting mentality. They just need to cover their positions and enter the market to lower prices.

BDOFactory Device News

Unit: 10,000 tons

It is reported that some BDO manufacturers have restart plans, Such as the integration of Shaanxi is expected3month20The Japanese device restarted, Xinjiang Tianye has a set6A device of 10,000 tons3 It will restart in the second half of the month, and it is expected that in the next few weeksBDOThe operating rate will increase.

It is reported that someBDO manufacturers will expand their production in the future Plans, such as Wanhua Chemical’s expected production expansion1010,000 tons/year'sBDO installation, for productionPBATdo Prepare, Inner Mongolia Dongyuan2021 has a production expansion plan after the year, Xinjiang Xinye is in 2022There is a production expansion plan after the year.

BDOdownstream situation

Because of the high price of BDO, some downstream The manufacturer does not quote for the time being. It is reported that MitsubishiPTMEG is currently out of stock and no quotations are available. Taiwan Nanya is currentlyTHFOut of stock, no quotation. TPUThe industry produces on demand and enters the market to cover positions. Most of the middle and lower reaches hold a wait-and-see attitude, enter the market cautiously, just need to cover their positions, and pay attention to the game between supply and demand in the market.

PTMEGThe demand in the downstream spandex field is stable, the start of production is high, and the operation is firm. Spandex is produced in a continuous manner, and the epidemic has driven up the demand for spandex. The non-spandex field is also operating at a high level, manufacturers have no inventory pressure, and downstream companies follow up on demand.

It is reported that Sichuan Tianhua announced that the company plans to build6Ten Thousand ThousandsPBATproject. Ruifeng Gaocai started construction on May 5this year610,000 tonsPBATPhase II project. The implementation of the plastic restriction order has driven the rapid development of PBAT, and the demand has surged. Currently, there are Factories started at a high level, not affected by the high price of raw materials, and followed up the demand to cover positions.

BDOmarket forecast

The current domesticBDOmarket is in short supply, terminal Although the downstream has resistance to high prices, it still needs to cover its positions, and the downstream bargaining power is weak. At present, BDO maintains stability at a high level, and the downstream market is mostly on the sidelines, and as some factories plan to restart equipment , the supply increases, and the downstream enters the market to lower the price. However, if the market outlookBDOBDO prices continue to rise sharply, exceeding the acceptance of downstream demand, downstream factories Will be forced to drop load or stop. There is good support on the supply side of the market. If the market outlook maintains a reasonable price, BDO the market will rise Stable operation, the specific progress of the market outlook needs to pay attention to the changes in the mentality of both the supply and demand sides.

The current domesticBDOmarket is in short supply, terminal Although the downstream has resistance to high prices, it still needs to cover its positions, and the downstream bargaining power is weak. At present, BDO maintains stability at a high level, and the downstream market is mostly on the sidelines, and as some factories plan to restart equipment , the supply increases, and the downstream enters the market to lower the price. However, if the market outlookBDOBDO prices continue to rise sharply, exceeding the acceptance of downstream demand, downstream factories Will be forced to drop load or stop. There is good support on the supply side of the market. If the market outlook maintains a reasonable price, BDO the market will rise Stable operation, the specific progress of the market outlook needs to pay attention to the changes in the mentality of both the supply and demand sides.